BEIJING, June 30 China will maintain a current
account surplus in the near-term, while keeping it at low level,
China's foreign exchange regulator said on Monday.
Du Peng, chief of the current account department of the
State Administration of Foreign Exchange(SAFE), told a news
briefing that a deficit in service trade will be large in
future, especially in the tourism area.
China posted a capital and financial account surplus of $94
billion in the first quarter of 2014 and a current account
surplus of $7 billion.
(Reporting By Coco Li and Koh Gui Qing; Editing by Kim Coghill)